Shashi Tharoor urges govt to take 'proactive lead' in ending West Asia conflict The Lok Sabha MP said that neither side was benefiting from the ongoing hostilities, while other nations were bearing the cost through disruptions in global oil, gas and supply chains. The Congress leader said that both American and Iranian objectives had largely been met, making the continuation of the conflict detrimental to global interests. #Shashi_Tharoor #Lok_Sabha #supply_chains #West_Asia #Asia_conflict #Tharoor_urges #ending_West #proactive_lead #ongoing_hostilities #urges_govt
Global Stocks Lose $6 Trillion as Stagflation Fears Grip Markets Amid Iran War Financial markets have experienced a significant downturn as fears of prolonged economic stagnation and rising inflation intensify amid escalating tensions in the Middle East. Investors are increasingly concerned that the conflict could lead to a sustained disruption in global supply chains, threatening both economic growth and price stability. Since the outbreak of hostilities in Iran, global equity markets have lost approximately $6 trillion in value, reflecting widespread anxiety about the potential for a deeper and more prolonged crisis. The shift in investor sentiment has moved from cautious optimism toward a more pessimistic outlook, with traders now pricing in the possibility of a severe supply shock. This scenario combines elements of stagflation—a period marked by stagnant economic growth and high inflation—posing challenges for central banks and policymakers. Bond markets have also been affected, as investors adjust their expectations for interest rates in response to the heightened uncertainty. The conflict has disrupted key energy markets, particularly oil and gas, which are critical to global economic activity. Analysts warn that prolonged instability in these sectors could lead to higher energy prices, further straining consumer budgets and corporate profits. Meanwhile, the potential for prolonged geopolitical tensions raises concerns about the ability of economies to maintain growth amid rising costs and reduced production. The situation has also drawn attention to the broader implications for global trade and supply chains. Many industries rely on stable energy prices and uninterrupted transportation routes, both of which are now under threat.#supply_chains #central_banks #iran_war #global_stocks #oil_markets
Tons of goods are stuck around the Middle East amid shipping and air chaos Ships are rerouting, air cargo is tightening, and companies are adding new war risk surcharges as the Middle East conflict disrupts supply chains. #supply_chains #Middle_East #East_conflict #chaos_Ships #East_amid #amid_shipping #war_risk
Jaishankar meets Rubio in Washington ahead of critical minerals ministerial meet The United States is set to host the inaugural critical minerals ministerial on Wednesday (local time) in Washington DC, bringing together delegations from more than 50 countries to deepen cooperation on securing and diversifying global critical mineral supply chains, according to a notice issued earlier by the US State Department’s Office of the Spokesperson. #local_time #State_Department #United_States #minerals_ministerial #critical_minerals #Washington_ahead #meets_Rubio #supply_chains #mineral_supply #Jaishankar_meets
